FYI, I have a set of panniers on the C & V marketplace, they are dated 1999 so not really vintage. No defects. $40 plus shipping. I also have the Blackburn rear rack that came with these bags for $15 plus shipping.
Photos on the C & V marketplace.
Cannondale Pannier Set (2) Black No Defects, NICE! Made in USA $40 plus shipping